ICYMI: The Global Economy Is Splitting Into Spheres We Cover: 🔸 Tariffs & dollar policy myths 🔸 Markets misreading Iran 🔸 Fed balance sheet debate 🔸 LATAM’s macro moment & more! @ericwallerstein @fejau_inc Timestamps 00:00 Intro 02:48 Eric's Wild Year At the Fed 07:26 Tariffs And The Role of the Dollar 14:15 Iran War Market Fallout 19:46 The Energy Shock vs Growth & Rates 24:55 Unpacking The "Donroe Doctrine" 31:29 Ads (Coinbase, Arkham) 33:12 Buying The Americas 35:56 Fixing The Fed Balance Sheet 40:29 Repairing Repo 43:23 The Coming Warsh Era 47:56 Productivity Growth vs The Fed 54:00 The Fed's Duration Plan & The Treasury-Fed Accord 58:06 Final Thoughts